Adjusted annual income definition

Adjusted annual income means the annual family income remaining after making certain exclusions from gross annual income. The following items shall be excluded, in the order listed, from family gross annual income:

Adjusted annual income means net earned income plus unearned income.

Adjusted annual income. (24 CFR 235. 5). This term means

Examples of Adjusted annual income in a sentence

• Adjusted annual income provides for deductions to account for varying household circumstances and expenses.

• Adjusted annual income is used to determine eligibility for the RHS loan guarantee.(b) Adequate and dependable income.

• Adjusted annual income is discussed in 6.4 and recognizes allowances and deductions from annual income for certain Housing Services programs.The Housing Authority is required to count all income anticipated to be received from a source outside the family during the twelve (12) month period following admission or recertification effective date.The Housing Authority generally will use current circumstances to determine anticipated income for the coming twelve (12) month period.

• Adjusted annual income is calculated by using the annual income figure and subtracting any of the eligible deductions in 3555.152(c) for which the household may qualify.

• Adjusted annual income will bedetermined and documented in the file.

More Definitions of Adjusted annual income

Adjusted annual income. (24 CFR 235.5). This term means the annual family income remaining after making certain

Adjusted annual income means gross income less $750.00 for each member of the household living in the same dwelling unit.

Adjusted annual income means net earned income plus unearned income of the members of the family residing or intending to reside in the dwelling unit.

Adjusted annual income means the gross annual income from all sources and before taxes or withholding of all residents of a housing development unit after deducting the following:

Adjusted annual income means the gross annual income from all sources and before taxes or withholding of any member of the primary income recipient's family residing with the primary income recipient after deducting the following:

Adjusted annual income means the maximum income determined by application of

Adjusted annual income means the total anticipated annual income of all persons in the Tenant household as calculated pursuant to 24 C.F.R. 92.203(b)(1). Adjusted Annual Income includes income from all persons in the household, including nonrelated individuals. Agreement.